Automotive Rubber Molding Market - Global Growth, Trends and Forecast (2022- 2027) By Types, By Application, By Regions and By Key Players: ContiTech AG, Freudenberg, Sumitomo Riko, NOK

Automotive Rubber Molding Market is expected to reach USD 40.6 Billion by 2027, growing at a CAGR of 5.22% from 2022 to 2027.

Automotive Rubber Molding Market Overview

It is a process where the rubber is shaped into different products used in the automotive industry. The products are kept in the cavities or the molds and then given the desired shape. Components made out of rubber molding are then used in various areas in automotive that include brakes, valves, clutch electric motors, batteries, engines and air conditioning systems. Numerous factors are responsible for the rubber molding market Growth. They are increasing in vehicle's production, rising demand for lightweight materials in the automotive, advances in technology and many more. An increase in the use of soy oil to enhance the rubber car parts is one of the other significant factors contributing to the market's growth. The soy oil is used to increase the stretchability of rubber and also reduces its environmental impact. nowadays, are making rubber and its components more attractive to auto manufacturers. For hundreds of years, rubber has been used in the automotive industry. Rubber-molded products, which were formerly extracted from natural materials, are now being made from inexpensive and common synthetic polymers, owing to many factors, including weight, environmental, expense, and longevity concerns.Automotive rubber molded components are molded when uncured rubber materials are cured under a high amount of pressure with inserts of metal, textiles, or plastics in the essential shape of the components. The methods used in the rubber molding process can be defined as compression, injection, and transfer molding.

Recent Developments                                                                                                    

King Steel promotes the world’s first dual-color, dual-property rubber injection molding machine- The world’s first dual-color rubber injection molding machine, developed by shoe-making machine giant King Steel Machinery Co, has just hit the market. The new machine boasts a number of exclusive advanced functions, including dual shots for both hard and soft materials, multi-injector and multi-mold design, and smart manufacturing.

In 2018, Jrlon Inc. and RotaDyne agreed on a mutual agreement to excel in the rubber molding industry. The ultimate goal of the deal is to make sure that the rubber molding market Revenue grows many folds.

In August 2018, a new 3D blow molding plant was established by continental in China. This made the company make its mark in the global market.

EPSCO introduce a tire recycling and rubber molding unit in Kuwait, supported by Weibold- A tire recycling company EPSCO based in Kuwait reports that its newly built tire recycling plant will be capable of producing over 250 kinds of different molded rubber products. The plant consisting of several production lines was recently commissioned and is going to be launched in April, the company reports.

By Product Type

ABS segment is projected to raise at a fast rate of 7.5% through 2027. The EPDM (ethylene propylene diene terpolymer) rubber is mostly used in the manufacturing of rubber molds and attributing for a notable share in the rubber molding market. It is widely used in the ever-growing automotive industry to prepare seals, o rings and gaskets as it is known for its chemical and solvents resistance.

What are the major Applications, Types, and Regions for Automotive Rubber Molding Market?

Automotive Rubber Molding Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• Damping Products


• Sealing Products


• Hoses


• Other

By Applications, it is segmented into

• Passenger Cars


• Commercial Vehicles


• Hoses
  
  
  
  • Hydraulic Clutch
  
  
  • Transmission Oil Cooler
  
  
  • HVAC Hoses
  
  
  
  


• Gaskets
  
  
  
  • Cylinder Head Gaskets
  
  
  • Cooling System Gaskets
  
  
  • Water Pump Gaskets
  
  
  • Fuel Pump Gaskets
  
  
  
  


• Diaphragm
  
  
  
  • Vibration Damping
  
  
  • Brake
  
  
  • EGR
  
  
  
  


• Bellows
  
  
  
  • Fuel Nozzle Bellows
  
  
  • Valve Shaft Seal Bellows
  
  
  
  

Automotive Rubber Molding Market Regional Analysis

China is one of the major producers of vehicles across the world. In 2019, China produced approximately 28% of the total vehicles in the world. At present, most of the vehicles produced in the country are IC engine vehicles. According to the China Association of Automobile Manufacturers, the total sales in the country fell by 8.2% in 2019 compared to the previous year.All these factors greatly affect the Automotive Rubber Molding market growth. It further aims at offering a complete overview on a detailed assessment of important features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis, and changing market growth factors in regions such as Follows,

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Automotive Rubber Molding Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Automotive Rubber Molding Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Automotive Rubber Molding Market report scope?

Key Takeaways from this Automotive Rubber Molding Report

• Evaluate Automotive Rubber Molding market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at country level - for product types, end-use applications, and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor's performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Automotive Rubber Molding market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.

FAQ -

What is the study period of this market?

The Automotive Rubber Molding Market is studied from 2017 - 2027.

 What is the growth rate of Automotive Rubber Molding Market?

The Automotive Rubber Molding Market is growing at a CAGR of 5.22% over the next 5 years.

What regions does this Automotive Rubber Molding Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

All our reports are custom made to your company's needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report as your needs.